DeFI News by Thebittimes.Com

OKX Exchange discontinues Mining Pool services, citing business adjustments. New-user registrations are halted immediately; existing users are allowed until Feb 25. Complete cessation of mining pool-related services scheduled for Feb 26. In a recent announcement, OKX, a major cryptocurrency exchange, has disclosed plans to cease its Mining Pool and related service s. This decision, attributed to business adjustments, is set to impact users starting January 26, 2024. The discontinuation schedule, outlined by OKX, indicates a phased approach with new-user registrations ceasing immediately and existing users having until February 25, 2024, to utilize the service before a complete halt on February 26, 2024. OKX business adjustments While revealing its intention to discontinue the mining pool service s, OKX cited business adjustments as the driving force behind the decision. Effective immediately, new-user registrations for mining services are no longer bei...

The Gemini exchange, founded by the Winklevoss twins, has obtained approval from regulators to launch its service s in France.  According to reports from CNBC, the Autorite des marches financiers (AMF) approved the exchange today as a virtual asset service s provider.  The company aims to fully operationalize its platform for French users in the upcoming weeks after completing the necessary preparatory steps. Upon its official launch in France, Gemini will offer its users the opportunity to trade an array of over 70 different cryptocurrencies. This will be accessible through both its website and mobile application, alongside the provision of its more sophisticated ActiveTrader platform. Salut! We are thrilled to announce Gemini has been registered as a Digital Asset Service Provider (DASP) by l’Autorité des Marchés Financiers (AMF), the French financial markets regulator. Following the launch of our EU headquarters in Ireland in 2022, Gemini is now… pic.twitter.com/OXt1CfPh9t ...

Popular blockchain investigator says the firm’s leaked report shows “highly questionable services .” Blockchain sleuth ZachXBT called out Gotbit, a crypto market maker, for offering dubious services as the list of the firm’s services became public. In an X post on Sunday, Sept. 24, ZachXBT posted a screenshot of Gotbit’s services , which the firm is ready to offer to its clients. I would be weary of any projects you see working with the market maker @gotbit_io as a leaked report shows highly questionable services offered. Gotbit claims: “During the first minutes in the price discovery stage we are going to push the price up to 10x to create FOMO and… pic.twitter.com/ndvrNlG3VW — ZachXBT (@zachxbt) September 24, 2023 According to the leak, Gotbit is capable of pumping a token’s price “to create FOMO [fear of missing out]” in order to reach “extreme Xs and sell maximum tokens on the subsequent spike.” Gotbit claim...